Mother Dairy raises milk prices by $2, the third increase this year, following Amul.

Due to an increase in input costs, Mother Dairy followed Amul on Saturday by raising the price of full-cream milk and cow milk in Delhi-NCR by Rs 2 per liter with effect from October 16. The cost of full-cream milk has increased to Rs 63 per liter from Rs 61 per liter, while cow milk will now cost Rs 55 per liter as opposed to Rs 53 currently.
Amul Gold and buffalo milk prices were increased by Rs 2 per liter each earlier in the day by GCMMF, which sells milk under the Amul brand in all markets outside of Gujarat.
Prices have gone up in various north Indian markets, including Delhi-NCR. More than 30 lakh gallons of milk are sold each day in poly packs and through vending machines by Mother Dairy, the largest milk provider in the Delhi-NCR region.
According to a spokeswoman for Mother Dairy, the dairy industry has been dealing with a steady rise in raw milk prices, which have risen by around Rs 3 per kg in only the previous two months. Low rainfall in certain northern states and rising fodder prices have made things worse.
As a result, we are obligated to adjust prices to support farmers and guarantee that consumers can get high-quality milk. We are simply increasing the costs of full-cream and cow milk varieties by Rs 2 per liter to lessen the impact on consumers. The two forms of the change will take effect on October 16, 2022, the official stated. This is Mother Dairy’s third round of pricing increases this year.
Mother Dairy’s action follows a price increase of 2 cents per liter for both Amul Gold and buffalo milk in all markets outside of Gujarat by the Gujarat Cooperative Milk is sold under the Amul brand by the Global Consumer Marketing Federation (GCMMF).
In Delhi and the NCR, Mother Dairy raised the price of full cream milk and cow milk by $2 per liter as of Sunday. We are increasing the cost of the cow milk and full cream options by 2/litre. The two forms of this change will take effect on October 16, 2022, according to a Mother Dairy spokeswoman.
This is Mother Dairy’s third round of pricing increases this year. In the Delhi-NCR, Mother Dairy raised milk prices by $2 per liter in March (National Capital Region). Midway through August, the business also increased the cost of milk in Delhi-NCR by $2 a liter.
The action by Mother Dairy comes after the Amul Gold and buffalo milk prices were increased by two cents per liter in all markets outside of Gujarat by the Gujarat Amul-branded milk is sold through Cooperative Milk Marketing Federation (GCMMF).
Due to a rise in the price of fat, Amul Gold and buffalo milk have seen a 2 per liter price hike, according to GCMMF managing director RS Sodhi.
An official source estimated that the combined wage bill for New India Assurance, National Insurance, Oriental Insurance, and United India Insurance will be close to Rs 8,000 crore due to the 12% raise plus five years of arrears. Every five years, wages are revised for public sector banks and insurance firms. The following pay raise for insurance company employees are scheduled to begin in August 2022.